GST Calculator

The Australian GST calculator is a free online tool for working out sales tax.

The material on this website has been prepared for general informational purposes only and is not intended to be relied upon as accounting, legal, tax, or other professional advice. Please refer to your advisors for specific advice.

Instructions:

1. Select the number fo decimal places you'd like to use from the drop-down list (the default is 2).

2. You can use the Tab key to to move to the next field, and shift-Tab to move to the previous field.

3. Enter value you'd like to calculate in the first box.

4. Select the tax rate you need from the dropdown list.

5. Click/tap the "Add GST" or "Subtract GST" button depending on your requirement.

6. Click/tap the button to copy the result value to your device's clipboard.

Exemptions:

The standard rate of GST applies to all supplies of goods and services unless a specific measure provides for the zero rate or an exemption.

"GST-free supplies" are supplies not liable for GST but that nevertheless do give rise to a right to claim input tax credits for GST included in acquisitions related to the supply.

Examples of goods and services taxable at 0% (i.e., GST-free)

Basic foodstuffs
Water, sewerage and drainage services
Exports of goods and services performed for nonresidents of Australia who are not in Australia when the supply is made
Health, education, religious and related supplies
Childcare
Supplies of going concerns
International transport and mail

The term "input-taxed supplies" refers to supplies not liable for GST (i.e., exempt) that do not give rise to a right to claim input tax credits for GST included in acquisitions related to the supply.

Examples of exempt supplies of goods and services (i.e., input-taxed)

Financial supplies
Rental of residential premises
Sales (or long-term leases) of residential premises (except for new residential premises)
Supplies of some precious metals
Supplies in the course of fundraising events conducted by charitable institutions
Supplies made through school "tuck shops" and cafeterias

Option to tax for exempt supplies. The option to tax exempt supplies is not available in Australia.

Country Information:

What is Australia's sales tax name?

Goods and services tax (GST)

What is Australia's sales tax called in Australia?

Goods and services tax (GST)

When were Australia's sales tax(es) introduced?

July 1st 2000

Who administers Australia's sales tax?

Australian Taxation Office (http://www.ato.gov.au)

What are Australia's sales tax thresholds?

AUD75,000

AUD150,000 for nonprofit bodies

What are Australia's trade bloc memberships?

Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP)

Pacific Agreement on Closer Economic Relations Plus (PACER Plus)

Association of Southeast Asian Nations (ASEAN) - Australia - New Zealand Free Trade Area

South Pacific Regional Trade and Economic Co-operation Agreement (SPARTECA)

What is the Goods and Services Tax (GST) in Australia?

GST is a value-added tax applied to most goods and services sold in Australia.

What is the current GST rate in Australia?

The current GST rate in Australia is 10%.

Who is responsible for collecting GST in Australia?

GST is collected by the Australian Taxation Office (ATO) on behalf of the Australian government.

Who is required to pay GST in Australia?

Businesses with an annual turnover of $75,000 or more are required to register for GST and charge GST on the goods and services they provide.

What items are exempt from GST in Australia?

Some items that are exempt from GST in Australia include basic food, medical and health services, and most education services.

What is Input Tax Credit in relation to GST in Australia?

Input Tax Credit is a credit that can be claimed by businesses for the GST included in the price of goods or services they purchase for their business.

How often do businesses need to pay GST in Australia?

Businesses are required to pay GST quarterly or annually, depending on their turnover and the type of business they operate.

What happens if a business fails to collect or pay GST in Australia?

Businesses that fail to collect or pay GST can be fined and may also be liable for back payments of GST, along with interest and penalties.

Can a foreign business sell goods in Australia and not charge GST?

Foreign businesses selling goods to consumers in Australia are required to register for GST and charge GST on their sales if their annual turnover exceeds $75,000.

Who proposed the implementation of the GST in Australia?

The implementation of the GST in Australia was proposed by the Liberal-National coalition government under Prime Minister John Howard.

Who was the Treasurer during the implementation of the GST in Australia?

Peter Costello was the Treasurer during the implementation of the GST in Australia.

What was the main political argument for the implementation of the GST in Australia?

The main political argument for the implementation of the GST in Australia was to simplify the tax system and make it more efficient, as well as to provide a more stable revenue base for the government.

What was the main opposition to the implementation of the GST in Australia?

The main opposition to the implementation of the GST in Australia came from the Labor Party and some consumer groups, who argued that it would increase the cost of living for ordinary Australians.

How was the GST received by businesses in Australia?

Businesses in Australia generally supported the implementation of the GST, as it simplified the tax system and removed some of the compliance costs associated with the previous sales tax system.

How was the GST received by individuals in Australia?

The GST was initially received with some scepticism by individuals in Australia, who were concerned about the impact on the cost of living. However, over time, most people have become used to paying the tax and it is now widely accepted as a part of the Australian tax system.

Was there any opposition from the states and territories during the implementation of the GST in Australia?

There was some opposition from the states and territories during the implementation of the GST in Australia, as they were concerned about losing revenue from the previous sales tax system. However, these concerns were addressed through compensation arrangements agreed between the Commonwealth and the states and territories.

What was the role of the media in the implementation of the GST in Australia?

The media played an important role in the implementation of the GST in Australia, with a large amount of coverage and discussion of the proposed tax in the lead up to its introduction. This helped to inform the public about the changes and allowed for a debate about the pros and cons of the tax.

Were there any significant changes made to the GST proposal during its implementation in Australia?

There were some changes made to the GST proposal during its implementation in Australia, including the exclusion of certain goods and services from the tax, such as basic food items, medical and health services, and most education services.

Was the implementation of the GST in Australia a smooth process?

The implementation of the GST in Australia was a relatively smooth process, with the majority of businesses and individuals quickly adapting to the new tax system. There were some initial implementation challenges, particularly for businesses, but these were addressed through a range of measures, including education and support from the Australian Taxation Office (ATO).

What is Australia's currency?

Australian dollar (AUD) - A$

What continent is Australia on?

Oceania

What geographical region is Australia in?